Tony Lugo
Orlando, FL (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Viking Auto Restoration Inc
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Startup
Location:
Orlando
Industry:
Automotive
Year Founded:
2008
Number Employees:
1-10 people
Description:
I plan on making lots of money in this financial crisis that our great country is facing today. I’m a automobile mechanic for now over 20 years. I have a plan that has worked on a small scale but produced a 500% profit on the first try. Me and my associates who are all professionals of the automobile service industry which include Engine Performance, Body and Power Train technicians purchase a 1957 Ford T Bird and completely restored it. We purchased it originally for the sum of $500.00 and invested $12,500.00 a total of $13,000.00 and sold it for $65,000.00. It took really over 3 month to do this because of lack of funds but the time and effort to my surprise was minimal. This project could of have been completed in 4 working days with 4 hours dedicated to it daily.
I know imagine what can be accomplish with the right equipment and full time in the restoration of wanted cars by collectors and have you seen Barret Jackson Automobile Auctions and what they are selling their cars for. By the way we contacted Barret Jackson about our 1957 Ford T Bird and we got a $50,000.00 firm offer on the car but we decline the offer and sold it for $15,000.00 more for a total of $65,000.00.
Because of the economy cars that need restoration work can be purchased fairly cheap and sold for huge amount of pure profit. Collectors in the Middle Class America has grown in large numbers. We have the technology from engine to sheet metal production when those hard to find parts are not available.
We have purchased some tools and if you like to know what we did with the profit of the 57 Ford T Bird we all used it to pay some of our private bills. We are proceeding ahead but would like to be able to rent a shop with the space and equipment needed to produce in quantity and make money for everyone.
Respectfully.
Tony Lugo